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're going to hit the roof and see how much more money they're paying to the government and how much less in their wallet to spend at that store they love so much. so the real-- this is a precursor to the real nasty stuff that happens after january 1st if we don't get a deal that keeps taxes low forever. >> to susan's point, if the people stop spending and so alarmed about this, they're going to be marching on congress to get a deal done, aren't they? >>e need a deal done, i think we all agree, we need a deal done. >> brenda: okay, that's, we're not going to go there right now. we've got to talk about the fact that right now, we do have about a week more to do a deal, but consumers are pulling back, confidence is low. gary b? >> well, absolutely. and the only way the consumer is going to get out and spend, it's a double-edged sword. when i went around the fall, the only stores doing limited 2 where it was 50% off everything. limited 2 can't make money at 50% off everything. e markup is normally, a keystone markup or 100% to give away 50% they're giving away their profits, so if that's the
the federal government calculates inflation, which could stave federal government $300 billion over the next decade if implemented. the consumer price index measures how much they go up by tracking a basket of goods that americans typically buy. this is important because it's used to calculate cost of living adjustments and social security. checks pay a little more each year in line with inflation as calculated by that consumer price index. now, one potential flaw in the system, consumer price index assumes people don't change their basket, if, say, the price of meat goes up. in other words, they don't switch from meat to chicken because the price of beef has gone up. they don't switch from, say, arugula to, i don't know, iceberg lettuce. it doesn't account for how behavior changes. chain consumer price index creates a chain basket of goods to measure inflation more accurately. it's measuring how people react to price changes not simply the fact that heiss pryces have changed. chained cpi could result in a slower rate of inflation over time, saves the government money on those cost of lifg a
is heating up over whether the government should be throwing your tax dollars at industry the first place. i asked robert bryce, senior fellow at the manhattan institute about this issue. let's start with the tax credit. >> sure. gerri: this is industry, let's face it they don't have a whole lot to show for themselves yet we subsidize them to the tune of $1.2 billion. why? >> remember the industry said we're all about reducing carbon dioxide. that was the whole argument. now it shifted we create jobs argument. if congress does not extend production tax credit we'll lose 37,000 jobs. they might get an extension but there is big push among utilities, a lot of groups to end the tax credit and it very well could be ended. gerri: it doesn't work that well. 84% fail to produce electricity when the demand is great. as a solution to our energy problems how would you rate it? >> it is not a solution and it is wholly dependent on electric utilities and electric generation that can be dispatched. we can't count on wind. when demand is highest wind output is generally at its lowest. that's a big problem
school cars and space ships. >> entrepreneurs do what only governments did before. >> maybe cities will be built on water flow from big government. >> this is outside the united states jurisdiction. >> life gets better because ideas have sex. >> wait, ideas have sex? >> yes. >> ideas spread. when they meet they can mate. >> because of that we live in a wonderful world. that is our show tonight >> now, john stossel. ♪ i think to myself ♪ what wonderful world >> what a wonderful world? what are they talking about? all we hear from the media is doom, unemployment, pollution, social conflict, all the things exist but couldn't once in a while someone put it in perspective? this man did that. i usually don't like to put on swedish public health professionals or danish public health professionals they put you to sleep but this gentleman has caught the world's attention because he gave a tech talk, technology entertainment design, many are boring but his talk has been viewed 100,000 times. here is part of it. >> i was only four years old when i saw my motherlode the washing machine r t
is a lower price again companies trying to have to pay the government more money. gerri: let's talk about 201 201n what we might expect. expectations over the place. citigroup predicted stocks 14% next year, morgan stanley 1%. where do you fall? >> i'm probably up at 4% or 5%. not expecting that great of a year as far as the end of the year. i think it will be pretty bumpy the beginning of the year while this all gets worked out and people reevaluate the landscape ofds everything. gerri, i will comment on the numbers you threw out there. this scares me people are so positive. i don't want to spike the eggnog, but the fact there is not one person or one bank that says the market will be down next year frightens me a little bit. gerri: wells fargo says the market will be down 2%. but they're the only ones to sae it. a lotbo of optimism but we have beenbe in this bull market for a long time it v has been very strong. people start that in the same thing happen over and over again. is that what you see your fellow strategists make? >> sometimes, you chase the retus and end up getting in at the las
to competition. and they build school cars and space ships. >> entrepreneurs do what only governments did before. >> maybe cities will be built on water flow from big government. >> this is outside the united states jurisdiction. >> life gets better because ideas have sex. >> wait, ideas have sex? >> yes. >> ideas spread. when they meet they can mate. >> because of that we live in a wonderful world. that is our show tonight. >> now, john stossel. ♪ i think to myself ♪ what wonderful world >> what a wonderful world? what are they talking about? all we hear from the media is doom, unemployment, pollution, social conflict, all the things exist but couldn't once in a while someone put it in perspective? this man did that. i usually don't like to put on swedish public health professionals or danish public health professionals they put the world's attentiongentleman because he gave a tech talk, technology entertainment design, many are boring but his talk has been viewed 100,000 times. here is part of it. >> i was only four years old when i saw my motherlode the washing machine for the very first
don't want toyite yait a government? why is that so radical? >> they're coming up with crazy ideas every day. >> please, get out of here. get out of here. >> yes. okay. >> i have this test if you're like staying in a hotel and have to share a bathroom who would it be? a tea party supporter or occupy wall streeter? >> i would say tea party. >> if i had occupy, boy need a rape prevention kit. there are tons of raid cals and idiots as i call them. >> thanks for watching tonight. i'm greg gut feld. bill will be back for the start of the factor's new season january 2. please remember, the spin stops here because we're looking out for you. captioned by closed capt services, inc. >> sean: and this is a fox news alert. earlier today in a pathetic last minute effort to avoid the nation falling off the fiscal cliff president arnold palmer took a mini break from the golf schedule to summon congressional leaders to the white house. a last minute mini deal could be struck before the end of the year that would preserve tax cuts for the middle class and preserve unemployment benefits. the preside
go into effect. those come in gradually and they could come in more gradually if the government officials thought there was going to be a deal and they better hold off. the real uncertainty i think is what the markets will do. we look like a country that isn't in control of its own destiny, because we're acting that way right now. if you're an investor, whether you're in some part of the united states or you're in some other part of the world, do you really want to buy american securities? do you want to invest in a country whose government isn't functioning? i don't think so. we could get a big market reaction, drop in the stock market. that might scare people. >> how quickly do you -- >> but it would also be a bad thing. in itself, it would contribute to the possibility of having another recession. >> how quickly do you think we'll feel tremors from the debt ceiling now that the treasury is beginning to talk about avoiding it. >> i think we're seeing uncertainty about absolutely everything. it's cumulative, it's the debt ceiling, it's the fiscal cliff, it's what taxes are goin
minute solution that basically nobody likes. and certainly people who are in favor of smaller government, lower taxes are not going toto like because the president and senate democrats i think are running the show now. so they're going to put together a smaller fiscal cliff package, hope that they can win, you know the couple dozen republican house votes that they need and get this through. there's a bright side for politically bright side for republicans if that happens becae they, furer drive the contrast from the president. but it is typicalhe way we've seen them do business here in washington, you know, for past couple years and past couple decades really. melissa: steve what does that mean, a cobbled together solution look like? they raise taxes on everybody more than $250,000 and puteverything else indefinitely into the future. >> yes. i think they pause, they probably pause the sequester. they extend unemployment. i think there are things that the president has signaled are important to him, that he wants to gee done that will allow him to say, if he chooses to, if he wants to, to
to social entrepreneurs. we focus on organizations working outside of government because we feel societe has more flexibility ban government contractors. charities used to be independent but now are contractors to the government. that is all you need the social impact bond to hold them accountable. john: i would rather use the money than government but government is captured. >> ben taxpayers want to know they get something for it to. recently these agencies have a good cause. that is different of kids not going back to jail. john: mark zuckerberg maybe feeling guilty gave $100 million to the new work public-school system. i see that it throws a down the drain giving it to the union's who ruined it in the first place. >> don't fund the problem. find the solution. that means if you see something terrible of the world, poverty you have to say our not just give money to anti-poverty but give money to organization and has a way to tackle the issue. john: how do know it will work? goldman sachs puts up their own money. john: you will give them yoga and meditation therapy? it sounds like nonsense.
cut out of this government, geronimo. and carol says sandra of time mt from new york neil: easier said than done, one of the loudest vocal critics in the government community says he is frustrated. >> how are you? lou: i'm great. how were you? >> people are desperate. at the grassroots level all the way out. now, it's starting to show up in the top 500 companies of the united states. we are in very difficult straits tonight's feature when you started talking about this, you weren't yet heard that that you want that you can't think that companies can ignore the fallout for the fallout is fast and furious. how god is dead? >> i think it's getting really dangerous. because most companies right now are in survival mode. they don't know what the future's going to be like. they can't get access to capital. customers are scared to death. we are doing stupid thing like converting corn to fuel, w are sitting on great oil reserves, natural gas, doing nothing with it. we are building solar plants in the west. it is the stupidest thing i've ever heard in my life. neil: i am going to hold you down
of those outside the box ideas that the federal government should take seriously here? >> first of all, i don't know -- i would like to know, first of all how many schools there are in america. high schools, middle schools, preschools, private christian academies? the point is this is unfeasible. i'm not sure it's the right way to go to put an armed guard in every single school in america. who will pick up the taxpayer dla are on that? the counties, it is states? the locals the feds? who will do this? it's impractical. to the some mention i don't like guns in our schools. it's a nice political sound bite and they can use an old statement from bill clinton to say this, but i'm not sure it's a practical idea, frankly. >> first of all, when it comes to education, decisions really do need to be handled on a local level. that's how education decisions should be made. but at the same time i do support the idea of consideration putting an armed patrol officer. my sister in atlanta works at a receiving desk, and she's not prepared or trained for dealing with someone coming into the school. i woul
can move forward? >> well, first of all, we have to be able to govern. we have to have an adult conversation, getting people in the room who actually want to solve this problem. and i think it's very important to step back and see the fact that we have already -- there are three parts of this deficit reduction stool. we've already in the past two years passed $1.6 trillion in spending cuts. we've passed over $700 billion in savings in medicare through reforms like cutting back on overpayments to insurance companies. the one piece of this puzzle that we've not been able to get any support for is making sure that the wealthiest among us help solve this problem by being willing to pay a little bit more to be part of the solution. so we have sent a bill to the house back in july, bipartisan bill that says what -- everybody says they don't want middle-class families to have their taxes go up, well, fine. why don't we start with something we can agree on, which is that? and just pass that. why doesn't the house just pass that? but as we know, the speaker couldn't even pass his own pla
are again here like we were for the debt ceiling, like we were for the government shutdown. it is ridiculous that we are here because we want to be having a big discussion. we have all the facts in front of us. we know that there are people like you kwhof a position on taxes. we know there are others who have positions on other things. and our democracy is supposed to allow us to somehow come to together, to convene, to deliberate and to evolve some sort of a compromise. what response -- what responsibility do you think conservative republicans who have signed this pledge to grover norquist bear for us getting to where we are today? >> well, actually, let me defend grover for a second. >> sure. >> he actually has signed on to some kind of a deal. we're in a situation that if nothing happens taxes go up on everyone. so -- and then a guy like me doesn't want to see that happen obviously. look, i want to make one other point. even if we go over the so-called cliff, and i think cliff is a bad metaphor here, really kind of a slope. it's not like the world's going to come to an end january 1st or
real trouble just doing basic run of the mill governing stuff. bills failing unexpectedly and needing to be pulled at the last minute and tried again. the republican leadership's own legislation failing to get enough republican votes to pass. and that happening in public because they couldn't count it properly in private? they did get better at all the symbolic stuff that does not have real world consequences. they may not have been able to find their way through the constitution on the first day in the majority. but they did figure out how to fake symbolically repeal obama care 33 separate times. it didn't mean anything, but when there were things that didn't mean anything that were just symbolic, ultimately they figured out that they could get some of that stuff done. but when things really did matter, like in the debt ceiling standoff, when the republicans decided to block something they happily voted for dozens of times under republican presidents, they did end up having to vote to raise the debt ceiling, but not before they pushed the fight so far and so late that the nation's bo
for a tax increase in 22 years. that has really slowed down the growth of government from what it would've been otherwise. now, obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than expected. so now retailers have to give shoppers deeper discounts. in a new proposal to help struggling homeowners. don't worry, the government will take care of you. we will explain coming up next ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years
an actual all-time high again. anyway, among the catalysts, a new pro-business government preparing to assume leadership, incoming prime minister shinzo abe. what is it, 50,000 that it has to get to? >> 39,000 i believe is the peak. >> who's counting, right? that's a ways off. >> yeah. far away. >> shinzo abe has been putting pressure on the bank of japan to raise its inflation target in hopes of extricating the country from two decades of deflation. i guess if you just raised the target -- >> that would help. >> okay. >> it doesn't matter what your target is if you can't hit it. >> we found that out here. >>> meantime, in europe markets are closed for the boxing day holiday. seems weird to do it just for a bunch of people to -- >> box up the gifts and return them. >> it's not a -- >> bad, i know. >> it is boxing. what kind of boxing are we -- boxer rebellion? >> i've never understood boxing day. >> we have to look it up. >> i literally have no idea. >> or it's on google. no, is there anything on google that is different? let me see. just a regular -- >> is there their our way to fi
is suspending all of its oil exports. its regional government says iraq's central government has underpaid its share of export revenue. the export halt affects about 100 thousand barrels of crude every day. >>> terrorist cell arrests and shiftdown hurt oil futures as they hit a two-month high. crude settled up more than 2 1/2%, closing at $90.98 a barrel. we'll turn our attention attention to something less economic oriented but something certainly important. that's syria. one of syria's top generals defected alleging chemical weapons are being used by the assad regime against rebels. has the u.s.'s red line for intervention been crossed? details coming up on that. >>> thousand of union dock workers could bring ports across the gulf coast and eastern seaboard to a standstill starting this weekend. details how that could shipwreck busissesacross the united states coming up. do you ever have too much money? i think not. ♪ adam: a top syrian general stunning the assad regime defecting to the side of the bels. in a videotaped statement that general claims assad's forces used chemical weapons aga
branches of government, you know, we didn't elect president obama to be th dictator. we have another branch which, where the democrats lost and people who voted for republicans were very concerned about the size of government, paul. i mean, they've allowed this to be a debate about tax rates, but the real problem, i think, for most republicans and people who voted for them is that they see how the cost curve is just bending up at a rate that is just unsustainable. i mean, the country cannot survive the kinds of increases in entitlement payoffs that will occur if there's not reform. >> paul: there's at least in my reporting, the president has offered only one substantive entitlement reform and that's a change how we calculate inflation for benefits and tax brackets and that was agreed to last year. it's really minor in the scheme of things, nothing else sustainable. >> i think that the president is overplaying his hand, paul. he's going to need republican vote next year to raise the debt ceiling and needs the republicans votes for second term items, immigration reform and humiliating them no
million if they don't do what the government said they have to do via the health care law. >> i was corrected. 1.3 million a day. that is the daily fine they have to pay. >> let's make an important distunction we are not buve for dinner bets. mipemine is open for the anybody who doesn't think they will get exempted. i think it is. they have been giving health care to the employees over in the charity for years. theiro ligation is not health care, but it is a religious problem and it is going to be dealt w. i hope that the corporations in the country will take a lesson and understand the importance of health care to employees instead of cutting hours. >> and emac. hobby lobe just received notice from the court this week that they are not going to get an exception and they face a 1.3 million finevery day that they don't adhere to the practices tt they abhor. >> that is it bad. this is a high cost of affordable care. the nuns may have to cut alth insurance. but the people are quickly turning in the favor factory that the tax code and. this is driving businesses over seas and no one
a deep channel. >>> and america's population growth is slowing down. the government says it's due to lower birth rates during the economic recession and lower immigration numbers. as we start the new year, there will be 315 million people in the united states. the population, though, has grown less than .75% since 2010. so a slower rate of growth. still, 315 million people is -- >> seems like enough people in some places, that's for sure. thanks, lisa. >>> hopes have been crushed and families in the making ripped apart. a new law bans americans from adopting russian children. ng tom about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. >>> from what we surmise, this meeting at the white house between the presiden
making between 40 and $55,000 a year will have to pay an extra 2 grand to the government. >> jamie: an american marine veteran was jailed for months in mexico and may be back on u.s. soil today, just in time for christmas. jon hammar spent four years fighting in iraq and afghanistan to be locked up for trying to bring an antique shotgun into mexico, where he was taking a couple of days off and he said he declared it at the border and he was told it was a-o.k. to go in. dominic, i'm struck by that photograph when i see it, after learning for four months he was chained to the bed. >> reporter: it is astonishing, totally inhumane conditions, what is good news, he is driven home, across the country, taken to florida by his dad and they are expected to arrive christmas eve in time for the holidays. good news for the family and 48 hours ago, things looked very different, like jon would be spending many more months in his cell as the mexican authorities were taking a strict stand against his case, and, he spent the night in texas and they released him, just across the border, where he was
, there are 47% of people who are with him. who believe that they are victims. who believe that the government has the responsibility to care for them. who believe they are entitled to health care, to food, to housing, to you name it. and so my job is not to worry about these people. i'll never convince them that they should take personal responsibility. >> a very valuable comment. >> i am going to go with bill clinton. >> one speech? >> it was 20 years in the making, the story of the speech, for the first 15 years, republicans treated bill clinton that he was the worst thing that ever happened to american politics. the villain in chief, and after he left the white house, there was the moment in 2008, when republicans decided wait a minute, no, bill clinton is this by-gone symbol of an era, in moderation, they sang his praises for four years, set him up as the good democrat, against obama's bad democrat, and what happens, the good democrat vouches for the bad democrat and disarmed what a lot of republicans were saying about barack obama. >> you have made a reasonable argument. >> i think the e
? >> is hard to imagine it could be worse. a selloff if we have the same sort of thing the government shutting down after they pulled all the lovers and the police and run out of money. it gets pretty ugly. gerri: next year, 2013, what will be the big drivers of the economy? what do you see coming up? >> the good news will be the housing sector improving a lot. more progress in the auto sector. there is still a lot of replacement to be done, so that is good. my feeling is if they survive, manufacturing will grow. altogether this is good for 2% growth because the consumer continues to be weighed down by slow wage growth. gerri: everything three imposes. they were not very good. speak of the continued to buy cars. people becoming much more prudent with everyday items. i was sitting with my graduate students and some talk about buying clothes for one location. i don't hear that anymore. i think people are more prudent with everyday expenses and they have divided car and it will make them last longer. gerri: maybe there will be some kind opent up demand. do you see them moving off their policy of
access to government financed health care at all. if the republicans tomorrow said to you, you know what, you can have all the tax increases you want. we'll raise taxes on people who make $250,000 or more would you then be willing to do serious entitlement reform? >> let me just say that in fact we do means test millionaires right now. there is a serious means testing. >> not by much. a millionaire who gets medicare is nothing. it costs them nothing relative to their net worth, nothing. >> you know what, if the republicans would move, and they haven't yet, you just heard it, no willingness on the part of the republicans to do anything. >> if they did, you would do what? >> we already put $600 billion on the table to get savings out of medicare/medicaid. those are entitlements. >> that's pure cuts to spending that you claim are going to come from waste, fraud, abuse, etc. or just from cutting certain programs. you've got to decrease demand in some parts of medicare and a great way to do it is for people who have the money to spend their own money instead of spending young people's money a
than they were 10 years ago. they disccvered that when it comes to government recommendations... screenings aae down for all cancers, eexept colorectal. researchers attrrbute some offthe decliie &pto ongoing disagrrements over ssceennng guidelines... and drop in insurance rates. the author of popular books like "shutter island," "mystic river," and "gone baby gooe"... is making headlines this week... because of his lost dog.dennis lehane says he will naae a character in his next book... after the person who finds "tessa.""tessa"... a bllck and tan beagle... has been missinggsince christmas &ppve... when she jumped a fenc poming up.... it's nnt just contestants who get the boot... oo the hit show ""he x factor."what judge britney speers didn't do... that has simon cowell telling her good-bye. and later... why rocery stores might notice a spike... in the number of aaericans buying asppragus next week. and it has nothing to o witt a shortage.you're watching fox 45 morning news.. all local.. all morniig. ((take pkg)) coming up... pith tte new.what to do with - those unwanteddga
, the russian's government politically motivated decision will reviews adoption poblg it is for children who are now under institutional care. we are further concerned about statements that adoptions already underway may be stopped and hope that the russian government would with allow those children who have already met and bonded with their furp parent to finish the necessary legal procedures so they can join their families. so, you are hearing from the u.s. officials but not much? >> i don't know that they have gotten through with the rsh an officials figuring out how they are going to implement the law yet. it's so new still. maybe in the next week or two. >> who surfa-- who suffers here? >> even, we may have to step back and say, okay, that is -- so much for that dream. but the families who have already met the kids and held them and created bedrooms and collected toys, i don't understand how they can be put through that kind of a nightmare and our hearts go out to them. and the children raised in institutions, it's just not the same as having a mom and dad or even just a mom or a dad. n
differences between the two parties about the role of government, should it be bigger or smaller? about whether we want lower taxes or more of a social safety net. so while we have seen the principles, the president, speaker boehner, and now senator mcconnell and reid trying to get involved in stages in the last few weeks, it has always broken down because they fundamentally disagree about the big ideas over the core of this debate. they're fighting between the two parties. and this could get resolved in a matter of days or weeks. but the big difference, the issues could really take months to work out. >> can it be resolved in the matter of few enough days that they meet that january 31st deadline? >> reporter: anything is possible. i always think of congress like getting the term paper in. they like to wait until the very night before it is due. and that gives them the motivation, as you know, covering them for so long. we think oh, 24 hours to go, it is over. they think we still have 24 hours, it is a lifetime. so could they get it done? yes, but it sure seems a heavy lift at this poi
in western syria. witnesses say a government warplane dropped bombs on a bakery today where long lines of people were waiting just to get some bread. more than 100 people are dead now. i want to talk to cnn's mohammed j j jamjoon. >> reporter: it's horrific details that have emerged the past few hours since we first reported this bombing. activists tell us that around 3:00 to 4:00 p.m. local in syria today that this warplane dropped this shell on this bakery. they say that hundreds of people were lined up outside, that there had been shortages of food throughout the last week. this was the first day that that bakery that had been hit was open and that because of that, at least 100 people they say were killed. the video that we've seen posted online, we can't independently verify it, but it seems to be corroborated by what we've been told by activists. it shows an absolutely grisly scene, mangled bodies in the wreckage of the building and the rubble. you see rebel free syrian army soldiers and civilians trying to tend to the wounded, taking them to the hospital and pulling dead bodies o
for the worse we get a large macro number that hurts our market, one of those government numbers, or we get some weakness out of europe i can lose less than the people just playing the earnings momentum game because i own the best and i am short the rest. sector analysis is particularly important in technology. because people confuse this gigantic group of stocks, which comprises more than 15% of the s&p 500, constantly. tech is actually the agglomeration of a whole group of sectors, semiconductors, disc drives, software, cloud, internet, personal computers, large scale enterprise hardware makers, tech, tech communications, infrastructure stock, assemblers. each has a separate growth rate. and here i like to look at the earnings per share growth rates of the companies i follow versus the individual slices of the sectors. because the sector growth rate doesn't work even though people keep trying to use it. cloud stocks, for example-r highly valued. meaning the price teernings and growth rates are extreme. that means there's no room for error, or hair as we call it, meaning something is wrong, som
. syria's government, however, today posted a statement on their syrian news agency website in which they blamed this on the actions of terrorists. that's the terminology they use for rebel fighters, opposition fighters in syria. they say that that town was targeted by terrorists and that because of that residents in that town called for the military, for the syrian military to intervene to help them to bring safety and restore security in that area. again, the residents we speak with clearly blaming the regime, and it's one day later and we hear of an attack on another bakery in the homs area. this is in the last few hours. you mentioned it a few minutes ago. we heard at least 15 killed, several children. very gruesome video. you see the corpse of a woman being pulled from the rubble there. the rage of the residents there about this happening is element indescribable. suzanne. >> is there any way of finding out? you have two very different stories. any way of finding out whether it's an international -- through an international body or people on the ground, who was responsible for b
was going on? why wasn't our government helping? >> it was bewildering. the parents tried to do it low-key. they couldn't get the case resolved. they came to me and our two wonderful u.s. senators. thanks to fox. thanks to o'reilly, sean hannity, greta, all of you were so helpful. all the press helped but you guys came to bat. that's why i don't really understand or believe that during a white house press briefing that the white house spokesperson said, oh, i don't know about the case. baloney. everybody had known about the case. gregg: they knew. >> we had been bringing that up. gregg: right. >> this is a family of strong christian faith. for them, as we celebrate the birth of christ tonight what a more meaningful present than, than the god delivering their son to them tonight. gregg: look, we want to talk to you about a couple of subjects here and that one, thankfully turned out well. let's turn now to benghazi because you are very involved in this. an independent investigation, i know you read it, produced this blisser iting report what they refer to as systemic failures in the very
on their own. >>> in egypt today, more effects of a brand-new government's growing pains. the vice president is out. he is stepping down there. this man, mahmud mechanicy announced political life does not agree with him, and he'll go back to being a judge. it's the same day the egyptian people are voting for a second straight weekend on proposed changes to the country new islamist backed constitution. egypt's new president gave himself near absolute power. >>> a former u.s. marine who spent four months in a mexican prison is free today. jon hammer was locked up in august on weapons charges. his family says he was physically abused in custody, threatened, chained to a bed and never saw a judge. u.s. lawmakers and diplomats got involved on ma'am hammer's behalf and convinced mexican authorities to release him. [ bells tolling ] >> america is pausing to remember the newtown shooting victims. church bells rang out friday exactly one week after the tragedy. flags remained at half staff. many websites even went dark. people all over the country observed a moment of silence for the 20 children and
different areas of government. there's a lot that the executive branch can do. there's a lot of leadership that president obama can provide that he's not provided on this issue. and there's a lot of hearts and minds that have to change in congress. a lot of them republican, and also some democrats. i think it's up to us as citizens if we want to see changes happen, to take off the party label and demand it of our elected officials. a lot of times politicians act because the citizens are demanding it and crying out for it. that's what has to happen on this issue. we have to lead and they will follow. >> i always say our democratic issue -- and it is, it's going to take all of us to do it. and we have to take the politics out of it. elzi, i'll give you the last word. go ahead and go on as long as you want. sorry i cut you off. >> what she described is a microcosm of what's wrong in washington. our elected officials and the president are supposed to be defenders of the second amendment. there's defenders of the constitution. not a lobbying group, but it's the lobbyists who have our government
the key problem. nasa's government spending that could impact future americans . >> what the president offered so far will not resolve the spending problems . it will hurt our economy. a failing to reach a deal by december 31st would trigger tax hikes and spending hikes . and they say they are willing to continue to work toward a deal . the question is can they get it done in a time. here's steve in washington. will president obama focus on the fiscal cliff? do we know? >> probably not: there will not be done to much -- and president arrived in honolulu. within to his rented vacation home. he left washington last night after scaling back . it is still possible . he's focusing now on a middle class tax hike and extended unemployment benefits. and this congress laws can only pass for democrats and republicans and that means no one gets 100 percent of what they want. everybody has to give a little bit in a sensible way. we move forward together or we don't move forward at all . >> they are planing to stay in honoluluand planning to return right after christmas. harris. >> what is next for
are making with so many of you on facebook and twitter. thank you. >> my friend govern another huckabee who has on by the way a fabulous tie. check it out. lous christmas tie >> tonight on huckabee, a prisonor of war. >> all i could see is iraqi men bearing down on me. he was the first american pow to be arrested since world war ii. >> i was a survivor at that point. let me correct you. you were a hero because you were there. >> jessica lynch on the challenges he faced! i deal with it the best i can. he ran up over 100,000 in a credit card bill. >> it started with a cautionary tale and how to stay out of debt this christmas . the little rockers spread christmas with you. ♪ all you want for christmas is you. ladies and gentlemen, governor mike huckabee. ♪ >> thank you. thank you very much . i think the audience is getting better. i do. we have a special christmas show prepared for you tomorrow night. i hope you are enjoying it and by it there is so much hostility for people with lawsuits filed over songs and christmas treese and nativity scenes by those who say they are offended by chri
among other factors the political brinksmanship of recent months that highlights america's governance becoming less stable, less effective, and less predictable. we believe this characterization still holds. do you know this congress, your congress, has done more harm than good? do you feel embarrassed being part of a congress that ranks up there with the do-nothing congresses of all time? >> i think america should be embarrassed by its leadership in washington, d.c. but that extends to the white house, senate, and house of representatives. this has been the most predictable disaster coming at us for a number of years, and certainly months. and the fact that we have been unable to do things and instead worried about our next elections instead of the next generation of americans, i think it's sinful and i hope that people turn out those who have been responsible for it. >> congressman, you're a straight shooter, we always appreciate you coming "outfront." >>> next, mixed feelings about gun control. most americans support a ban on assault weapons but also support the nra. >>> plus, alle
of the deliberative process. he heads an entirely separate branch of government with an altogether different purpose. i think we need to go back to the way the government was designed to operate, and that is the deliberative function, in the legislative branch, both the house and the senate, acting independently. and then resolving their differences through conference. that process works, it works very well. this business of a couple of legislative leaders and the president going behind closed doors, coming up with some clever scheme, and then dropping it in the laps of the congress for a take it or leave it vote produces bad policy. in fact, bad process also produces bad policy, and that's what we're seeing. >> congressman, we've been seeing virtually no progress to date, but i hope folks have your optimism about not going over the cliff because of the disastrous implications. congressman mcclinton, thanks for coming on. >>> chuck hagel hasn't even been formally nominated to be the next defense secretary, and he's already taking right hooks from members of his own party, but do the attacks add up?
at neighborhood grocery store? delicious. some of it just got the government stamp of approval. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd spiriva helps me breathe better. (blowing sou) ask your doctor about spiriva. share "not even close." share "you owe me..."
in the country under the thumb of the federal government. congress debated this at length. they said if you're a -- a hobbyist or collector, a hunter in virginia wants to sell the gun to another hunter, they ought to be able to do it without being under the thumb of the federal government. >> if you want to check and screen more thoroughly for the mentally ill, why not screen more thoroughly for everybody and eliminate the fact that 40% can buy a weapon without any background check? >> we don't prosecute anybody under the gun laws right now. >> that's not responsive to the question, mr. lapierre. i hear you saying you can't do anything about high capacity ammunition magazines because it simply won't work yet you're proposing things that might not work. you're into the art of the possible because your standard is anything that has a chance of working, we ought to try except when it comes to guns or ammunition. don't you see that people see that as a complete dodge? >> nra supports what works. we funded the child safety program. we have accidents down to one-tenth of what they used to have. w
geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have been resisting that by announcing the debt ceiling limit will be held on monday, ratchets up the pressure to include the debt ceiling piece in the final package, whatever that may be, but still
's government unleashes its most sophisticated weapons of the war. missiles from iran. we'd like to welcome our viewers here in the united states and around the world. wolf blitzer is off today. i'm candy crowley and you're in "the situation room." >>> i want to begin with a crisis you probably don't know is coming and, of course, is just about to hit. barring a last minute deal, union dock workers at more than a dozen major ports will go on strike this weekend. meaning just about everything we buy, from clothes to cars, can't be unloaded. the strike would impact 14 port along the eastern seaboard in gulf coast, including the port of baltimore and that's where we find cnn's brian todd live. the potential impact of this is pretty big. >> reporter: it's huge, candy. right here, this is one of the most crucial ports for commerce in this region. the sieger terminal. you can see massive container ships sitting in port. this is the port terminal with the bustling operations, containers still being moved in and out of here by a truck that are being offloaded from the ships here at the terminal. about
said the government will blow through the borrowing limit that congress set in 2011. he warned the window to act is narrow or else a treasury could default. in washington, lisa will walk us through. first, let's explain what exactly the debt limit is and it sounds like maxing out a credit card, but not precisely so. >> that's right. it is not like maxing out your credit card. we are going to make it as interesting as possible. it is important. the debt limit is not like maxing out your credit card. this is money we spent as a nation. this is a lot more like buying a house. committing to a $200,000 house and signing the papers and imposing a rule on yourself that you can only borrow $100,000. you need $200,000 and you spent the money, but you have the cap that you imposed on yourself. that's what the debt limit is. we will look at where we are with this handy graphic. the debt limit is $16.394 trillion. where are we now? we are at 16.337. we are just under the limit. almost reached our capacity. >> getting that far, it's our own fault and putting ourselves in this predicament. o
fiscal cliff deal. meantime, treasury warns the government will hit its legal borrowing limit by monday. it's thursday, december 27th, 2012 and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will tak
tack to the center where i'm going to govern for all of you. are you coming back? >> i'm going to. >> the jacket is coming off, though, right? >> christmas eve and i'm celebrating. as you know, we had the tree going this weekend with the lights on. >> that's so nice. there's one other thing i sought on that thing over the weekend that you brought us that i was going do -- oh,no. did you see mitt romney did not want to run? >> i saw that. that was in the boston globe. that was a great piece worth reading. then he found out how bad things were going on his ipad. >> yeah. but maybe he didn't want to run because there were times i really kind of thought it looked like he didn't want to run. >> yeah, but towards the end, i thought he did. >> he tried hard. thanks. >> okay. >> come over here. >>> in other news, a dock worker strike on the atlantic and coast could be just days away. port operators have been negotiating with the long shoreman association since march. but the two sides are said to be far from closing on a deal that would cover cargo handling at 15 ports, a 9d 0-day extensi
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